This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 3-bathroom apartment of 183 m² on the 4th floor, built in 2004, energy rating C. Located Carcavelos e Parede parish, Cascais municipality, Lisbon district. Located in a sought-after area, this apartment benefits from an excellent attic space with independent access, ideal for creating a guest suite or home office.
The valuation. The asking price of €890,000 exceeds the fair value of €766,962 by €123,038, indicating that the property is overpriced by 16.0%. This discrepancy suggests caution for potential investors. Buy-to-flip angle. A buy-to-flip strategy may be less viable due to the significant pricing above fair value, limiting potential profits upon resale. Investors could face challenges recovering their investment. Buy-to-let angle. The estimated rental income of €2,151/month yields a gross return of 2.9%, making it suitable for a long-term family rental strategy in the residential area. However, the yield indicates potentially limited profitability over time.
Fair value modelled at €766,962 from 6 comparable sales in the area. Asking €890,000 sits €123,038 (16.0%) above — overpriced versus fair value.
Asking €890,000 versus the Carcavelos e Parede, Cascais, Lisbon area baseline of €693,665 (€3,791/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €693,665, adjusted for condition and micro-location, gives a modelled fair value of €766,962 (€4,191/m²), a €123,038 (16.0%) gap versus the €890,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carcavelos e Parede · 3d9a30 | Subject | €890,000 | €4,863 | — | 78 | 70 |
| rua Pedra da Lua | Active | €550,000 | €2,821 | 42.0% | 72 | 77 |
| rua França | Active | €680,000 | €4,096 | 15.8% | 76 | 68 |
| rua Ilha de São Jorge | Active | €499,000 | €4,664 | 4.1% | 75 | 74 |
| rua Água-Marinha, 137 | Active | €489,000 | €4,657 | 4.2% | 70 | 68 |
| Median comp | €524,500 | €4,377 | 10.0% | 74 | 71 |
Long-term rental Despite the attractive location in Carcavelos e Parede, the 2-bed apartment is overpriced at €890,000 compared to a fair value of €766,962, leading to a 16.0% gap. With a gross yield of only 2.9%, the potential returns for long-term rental remain limited and may not justify this investment. Family rental The family rental strategy for this apartment is hindered by its high listing price of €890,000, which exceeds the fair value of €766,962 by 16.0%. The gross yield of 2.9% falls short of making the property a compelling option for families seeking rental accommodations. Buy-and-hold As a buy-and-hold investment, the property at €890,000 is not positioned well, with a fair value of €766,962 indicating the property is overpriced by 16.0%. The low gross yield of 2.9% does not support the long-term appreciation expectations typically desired in a buy-and-hold strategy.
Economic Fluctuations A moderate economic stability score of 70/100 suggests potential vulnerability to economic downturns that may impact tenant security and rental income.
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